Kia announces price hike across its line-up starting April 1, 2024

Kia India, a leading premium carmaker, has announced up to 3% price increase across all its mass models, including Seltos, Sonet & Carens, starting April 1, 2024. This decision is attributed to the escalation in commodity prices and supply chain-related inputs. It marks the first price adjustment by the company this year.  Commenting on the price adjustment, Mr. Hardeep Singh Brar, National Head -Sales and Marketing, Kia India said, "At Kia, we consistently strive to deliver premium and technologically advanced products to our esteemed customers. However, due to the continuous increase in commodity prices, adverse exchange rate and rising input cost, we are compelled to implement a partial price hike. The company is absorbing a significant portion of the increase, allowing customers to continue driving their favourite Kia cars without a major dent in their pockets". Kia has sold almost 1.16 million units in India and overseas markets combined to date. Its best-selling innovation, Seltos, has surpassed 613,000 unit sales, followed by Sonet with over 395,000 units and Carens with 159,000 units.